SB3403 Summary

• Amends the Illinois Governmental Ethics Act to require disclosure of the amount of income received from specified entities on statements of economic interests.

• Adds requirement to disclose income amounts from professional organizations, entities providing services, capital assets, units of government, and entities providing gifts or honoraria.

• Introduces new disclosure requirement for clients from whom a person or their business received $5,000 or more in gross receipts, unless disclosure would violate legal confidentiality.

• Updates statement of economic interest forms filed with the Secretary of State and county clerks to include income amount fields for various categories of economic interests.